PancakeSwap Says More Than One Million Wallets Traded Tokenized Stocks and ETFs

PancakeSwap said more than one million wallets had traded tokenized stocks and exchange-traded funds on its decentralized exchange. The wallet figure covers both stocks and ETFs.

The platform’s July trading across tokenized stocks, ETFs, bonds and other assets topped $1 billion, compared with $50 million in June. More than $575 million of July activity took place in the final week of the month as part of PancakeSwap’s July tokenized-asset trading milestone.